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Tech & Innovation·July 31, 2026·1 min read

The Race to Salvage Situational Awareness’ AI Bets

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A hedge fund going from $45B to $10B in a month on concentrated AI bets is a reminder that AI exposure is now a macro factor — and leverage cuts both ways. Corporate treasuries and boards should be asking not just “what’s our AI upside?” but “where are we indirectly long or short AI through vendors, customers, and capital structure.”